FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri Paste Clipboard Font Alignment F57 67 68 Problem #2: Larry Turner formed a corporation to provide concrete construction work. His jobs typically involve building parking lots, drives, and foundations. Larry provided the following information about transactions occurring during the first month of operation. Evaluate the transactions and prepare 69 journal entries for this activity. Enter your journal entries on the answer sheet provided. Jan. 2, 20X5 Larry Turner invested $10,000 cash in the capital stock of the newly formed corporation. 73 Jan. 4, 20X5 Purchased equipment on account for s7,500. 75 Jan. 12, 20×5 Received $15,000 from customers for services rendered 76 77 Jan. 15, 20X5 Received a bill for construction supplies used in the amount ofs2,000. 79 Jan. 18, 20×5 Provided $3,200 of services on account. 81 Jan. 20, 20X5 Paid employees s2,300 for wages earned. Sheet 1 Show transcribed image text FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri Paste Clipboard Font Alignment F57 67 68 Problem #2: Larry Turner formed a corporation to provide concrete construction work. His jobs typically involve building parking lots, drives, and foundations. Larry provided the following information about transactions occurring during the first month of operation. Evaluate the transactions and prepare 69 journal entries for this activity. Enter your journal entries on the answer sheet provided. Jan. 2, 20X5 Larry Turner invested $10,000 cash in the capital stock of the newly formed corporation. 73 Jan. 4, 20X5 Purchased equipment on account for s7,500. 75 Jan. 12, 20×5 Received $15,000 from customers for services rendered 76 77 Jan. 15, 20X5 Received a bill for construction supplies used in the amount ofs2,000. 79 Jan. 18, 20×5 Provided $3,200 of services on account. 81 Jan. 20, 20X5 Paid employees s2,300 for wages earned. Sheet 1
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